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Governance7849Starts Publishing CorporationInformation and Communications, Services and Others

Matters Concerning Controlling Shareholders

Disclosed the status of controlling shareholders, etc., with STARTS CORPORATION INC. as the parent company, as well as the relationship and transactions with the parent company group and measures to protect minority shareholders. No specific changes from the previous report are stated in the text.

Worth reading
86Important
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
69.6
Voting rights ownership ratio (%, direct 48.6%; combined 21.0%)
Wording
Definitive
How definitive the wording is.

Governance structure

Controlling shareholder
STARTS CORPORATION INC.48.60%Voting rights

parent company, direct 48.6%; portion subject to aggregation 21.0%; total 69.6%); スターツアメニティー株式会社 (other affiliated company, direct 21.0%

When one company holds most of the voting rights, its wishes are more likely to prevail in management. How the interests of minority shareholders are protected is a key issue.

Changes this time

No changes from the previous report are stated

Governance structure
ItemDetails
Controlling shareholderSTARTS CORPORATION INC. (parent company, direct 48.6%; portion subject to aggregation 21.0%; total 69.6%); スターツアメニティー株式会社 (other affiliated company, direct 21.0%)
Changes this timeNo changes from the previous report are stated
Items this document does not state (6)
Corporate Governance StructureNumber of directorsNumber of independent officersCommitteePolicy on cross-shareholdingsTakeover defenses

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

As a holding company, STARTS CORPORATION INC. oversees group management and directly holds 48.6% of the voting rights in the company, and is therefore stated to have the greatest influence on the listed company. Regarding the protection of minority shareholders, the company explains that transaction terms are determined on the same basis as general transaction terms and are approved, deliberated and resolved by the Board of Directors.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Matters Concerning Controlling Shareholders | Starts Publishing Corporation (7849) timely disclosure | Komori